News

The Pensions Ombudsman has ruled in favour of one of a pair of brothers in a dispute over a small self-administered scheme (SSAS).

Brooks Macdonald has acquired discretionary fund manager Spearpoint, manager of the Arch Cru funds, in a deal that could reach £32m.

Victims of Bernie Madoff's Ponzi scheme are seeking millions of dollars in damages from his family, including his son's widow.

The UK taxpayer may never recoup the £66bn spent on bailing out Royal Bank of Scotland (RBS) and Lloyds Banking Group, MPs have warned.

Seven Wales-based firms will offer free financial guidance as part of Institute of Financial Planning's (IFP) Financial Planning Week.

The Financial Services Authority (FSA) has successfully prosecuted a two-timing investment banker for insider dealing.

Standard Life's Global Absolute Return Strategies fund has dropped out of the top ten highest inflows on Fidelity FundsNetwork, according to data from the platform.

The Treasury has confirmed rumours that it will launch a consultation on income drawdown limits are untrue.

The Financial Services Compensation Scheme (FSCS) may avoid picking up the whole bill for the suspended ARM Asset Backed Securities investment as the fund's board has found a buyer for the life-settlement policies in its portfolio.

Sanlam Private Investments UK (SPI) has appointed Craig Massey as chief executive officer.